Why I’m Bullish on $RCTO

I have been involved in meme coins for about 8 years. I’ve seen lots of projects come and go. There are a few things that I’ve learned to look for through the years.

The most important things are solid devs with lots of experience and a solid community that is going to HODL and work to help grow the project. This has both.

The lead dev Oracle manages hundred million+ dollar crypto companies for his day job. He has a ton of experience and connections, and knows what to do and how to do it quickly. He also invested a large amount of his personal funds to launch this and is continuing to invest in marketing, etc. Oracle has been very upfront about everything. He let us know before launch that he would bundle buy a large portion of the supply, then burn it. Everyone was nervous for a few minutes, then he did exactly what he promised. He burned 20% of the total supply, which he paid for out of his own pocket, worth $59k at the time (and much more now). If that’s not dedication, I don’t know what is. It’s safe to say the our largest holder is in it for the long haul. Also, there is a multi-sig marketing wallet set up, and most of the whales will be funding it.

As far as the community, this is as strong as I’ve seen. The majority of whales are in chat, and actively working to build this, as well as investing their own funds to grow this. The community, as a whole, is completely locked in.

Usually in meme coin chats, I just see a bunch of people asking about price, wen $1, etc. No one is asking about the price in chat, because no one plans on selling any time soon. People believe in this project. No one is out to make a quick buck. Our holders see the long term potential and huge ceiling that this project has.

In addition, a Reddit community coin is a solid idea. It’s not based on a meme that people are going to get bored of in a few months. This has potential to be the coin that everyone on Reddit gets behind. This was created because a bunch of people were rugged, and we wanted to find a way for those people to make back what they lost, and also continue the vision of uniting behind the Reddit community.

I could not be more impressed with the execution so far, and I expect big things from Reddit Community Takeover.